China pledges $124 billion for new Silk Road as champion of globalization

Chinese President Xi Jinping pledged $124 billion on Sunday for his new Silk Road plan to forge a path of peace, inclusiveness and free trade, and called for the abandonment of old models based on rivalry and diplomatic power games.

U.S. banks with federally insured deposits should be freed from Volcker Rule restrictions that prevent them from taking some types of principal risk, a market-making function that provides a valuable public service, Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said.

U.S. Commerce's Ross says 3 percent GDP growth not achievable this year

The U.S. economy will fall short of the Trump administration's goal of 3 percent growth this year and will only achieve that when its regulatory, tax, trade and energy policies are fully in place, Commerce Secretary Wilbur Ross said on Tuesday.

U.S. Commerce Secretary Wilbur Ross said on Monday that there is no reason that the U.S. economy cannot grow more robustly if the Trump administration is successful in rolling back a number of regulations